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Behind the Headlines: Baltimore Bridge fallout and CFC’s George Beattie on the carbon market
Hear the latest from the marine market as it weighs up the implications of the bridge collapse in Baltimore. Early indications are the claim could eclipse losses from Costa Concordia, stretching into the billions.
28 March 2024
Velonetic confirms BP2 delay and Dudley to assist with cutover
The new target go-live date is October, but a milestone plan will be confirmed in April.
Stephanie Denton
,
28 March 2024
Marine in uncharted waters with potential $2bn+ Baltimore loss
A claim on that scale would test the market in ways it has never seen.
Samuel Casey
,
28 March 2024
Lloyd’s confirms £10.7bn 2023 net profit as Keese welcomes ‘equilibrium’
The Lloyd’s CFO said returns needed to remain high due to investor fatigue.
Fiona Robertson
,
28 March 2024
Ardonagh reports adjusted Ebitda up 42.5% to $522mn for 2023
Pro-forma income hit $1.9bn for the year, alongside pro-forma Ebitda of $695mn.
Rachel Dalton
,
27 March 2024
Gallagher targets LatAm D&O with Marsh’s Gravante
Rates continue to trend downwards in the D&O class of business.
Samuel Casey
,
27 March 2024
Aspen names Karlsson as head of credit and political risk
Karlsson was previously head of credit and structured risks.
Aisling Finn
,
27 March 2024
Estimated 17%-35% of US healthcare system exposed to Change Healthcare cyberattack
CyberCube expects ransomware attack to impact both large and SME accounts.
Jairo Ibarra
,
27 March 2024
MGA Devonshire launch confirmed as founders secure BP Marsh deal
BP Marsh took a 30% cumulative preferred ordinary shareholding in Devonshire.
Jairo Ibarra
,
27 March 2024
Axa XL promotes Cole to global marine CUO
He was previously head of underwriting management and deputy CUO for Axa XL’s marine segment.
Aisling Finn
,
27 March 2024
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